The U.S. economy grew by $19 trillion between 1991-2001, yet vehicle sales stayed relatively flat, says David Thursfield, Ford Motor Co.’s president of international operations and purchasing. David Thursfield: Moving on up. “Where did consumers spend that extra money?” he asks at a recent J.D. Power Roundtable session. “Not so much on more vehicles but on more expensive vehicles,” he says. “The average transaction price rose by $10,000.” As more high-end vehicles enter the ...
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